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V0623-22 ·23 March 2022 ·consulta-vinculante Medium impact
Tax

Freedom of depreciation may be applied in the year fixed assets become operational

The taxpayer asks whether freedom of depreciation can be applied to a construction contract signed in 2019 but completed in 2020. The DGT rules that this is possible if the contract is signed while the company qualifies as a small-scale enterprise and the work is delivered within the 12 months following the close of that period.

In 6 key points

Lifecycle

2022-03-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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